BANGKO SENTRAL ng Pilipinas (BSP) Governor Amando M. Tetangco, Jr. said the risks Asia will face will come in the context of what he called a “new mediocre” era in terms of growth in advanced economies.
Apr 042017
Apr 042017
ILOILO CITY — The National Economic and Development Authority (NEDA) regional office here reported a steady rise in the economy of Western Visayas, and is targeting a gross regional domestic product (GRDP) growth rate of 9.8% to 11% by 2022.
Apr 042017
THE DEPARTMENT of Information and Communications Technology (DICT) could put together a detailed plan to implement the national broadband project by next month, with a target of having infrastructure up and running in a year’s time by utilizing existing assets of the government.
Apr 042017
All male high school choir Boscorale of Don Bosco Technical Institute in Makati bagged the gold medal as the Youth Choir Equal Voices Grand Prize Winner at the 10th Fukushima Vocal Ensemble Competition held in Fukushima, Japan. The DBTI Boscorale The Fukushima Vocal Ensemble Competition is the biggest choral competition in Japan for small vocal ensemble groups or those composed of two to 16 members in which more than 120 top level choirs all over Japan are yearly invited. The choral competition welcomed entries from international groups, allowing the Philippine contingent from the Boscorale to join. The Philippine contingent Boscorale went to Japan and reached the Grand Prix Finals, eventually winning the gold. The post Filipino choir Boscorale wins gold in Japan appeared first on Good News Pilipinas. Related posts: Cebuano choir is Grand Prix Champ at Int’l Choral Competition Pinoy choir ALERON bags Grand Prize in South Korea Filipino choir groups triumph in Vietnam choral competition All- male Filipino chorale triumphs in Japan chamber contest
Apr 042017
Filipino students won medals at the 20th National Olympiad in Informatics held at the National University of Singapore. The Philippine team to the 20th Singapore National Olympiad in Informatics [via National Olympiad in Informatics-Philippines] All 6 members of the Philippine team came home with medals after competing against hundreds of students in the computer programming competition, announced the National Olympiad in Informatics-Philippines website. Robin Yu of Xavier School led the team by winning a gold medal and placing 5th in the overall competition, and 3 rd among foreign competitors. Andrew James Ting from Xavier School won silver. Farrell Eldrian Wu of MGC New Life Academy also bagged a silver medal. The three winning delegates will also be granted a special consideration admission in National University of Singapore as part of their prize for their excellent finish. Bronze medals were brought home by the following: Franz Louis Cesista, Philippine Science High School Eastern Visayas Campus Ron Mikhael C. Surara, Philippine Science High School Bicol Region Campus Kim Bryann Tuico, Manila Science High School The Philippine team battled against students from Singapore, Indonesia, Malaysia and Vietnam in individually solving programming tasks. The Filipino students won in the second year the National Olympiad in Informatics, known as the “ultimate international competition in computing,” opened the tilt to foreign competitors. The post Pinoy kids win in S’pore programming tilt appeared first on Good News Pilipinas. Related posts: Pinoy kids win 4 medals in Math Olympics in South Africa Pinoy kids win 16 medals in Read More …
Apr 042017
Global leader Fitch Ratings has affirmed a rating with a positive outlook for the Philippines’ long term foreign and local currency Issuer Default Ratings (IDRs). Philippine Stock Exchange [via Business World Online] The Fitch Ratings grade of ‘BBB-’ with a Positive Outlook was also given to the country’s unsecured foreign and local currency bonds, along with an ‘F3’ rating. ‘F3’rating was also affirmed for the Philippines’ short term foreign and local currency IDRs. Altogether the Country Ceiling was affirmed at’BBB’. The credit rating and research group cited the key rating drivers for the Philippines as reflective of its “continued strong and consistent growth performance, a robust net external creditor position and government debt levels that are lower than the median of peers in the 'BBB' rating category.” Fitch cited the following rating factors: The Philippines' strong economic growth is a rating strength. The Philippines in May 2016 elected Rodrigo Duterte as its new president. The Philippines is a strong net external creditor. The Philippine central bank's monetary and exchange rate policies are effective. The government's debt remains below the 'BBB' median. A rating within the 'BBB' category means that expectations of default risk are currently low and the capacity for payment of financial commitments is considered adequate, but adverse business or economic conditions are more likely to impair this capacity. A positive rating outlook, meanwhile, indicates an upward trend for a credit rating over a one-to two-year period. Fitch expects the economy to sustain its strong growth momentum, with GDP forecast Read More …
Apr 042017
Staying true to its commitment to sustainability and environmental protection, SM Prime Holdings Inc. has challenged the public to see Earth Hour as just a 60-minute event for the environment but a continuing personal pledge to climate action. Using bikes to power the mini globe during the 2017 Earth Hour celebration at the SM Mall of Asia are (L-R): Demetrio Ignacio, Jr., Undersecretary, DENR; Aurelio “Gigi” Montinola III, Board Chairman, WWF-Philippines; Jeffrey Lim, President, SM Prime Holdings, Inc.; Vicente Perez, Chairman, WWF-Phils. NAC; Atty. Bong Villones, Secretary to the Mayor of Pasay City. Speaking during the recently concluded Switch Off ceremony of Earth Hour spearheaded by World Wide Fund for Nature (WWF) at the SM Mall of Asia in Pasay City, Steven Tan, Senior Vice President of SM Supermalls, said SM for its part will continue to go beyond the one-hour light switch off by intensifying and strengthening its efforts to address climate change considering the impact it has on the communities all over the country. “We are now facing a climate crossroad and it’s up to us to make the right choice. A choice which transcends borders and generations. Let us go beyond the hour and find ways to continue to shine for climate action,” Tan said. Earth Hour is a global effort to raise awareness on environmental issues particularly climate change and its effects on people and Planet Earth. Through the years, SM made environmental management the core of its every development. SM Cares has likewise embarked on sustainable Read More …
Apr 042017
Chinkee Tan “Money, money money Must be funny In the rich man’s world” These are lyrics from the song from Abba. Who does not want to earn more money? There is nothing wrong with earning money. But I’ve seen many families and lives come to ruin not because they are not earning enough, but because they are actually earning so much that they have forgotten what it’s like to have a sense of family. Some are so driven to become successful and rich that they forget the reason why they are working, and who they are working for in the first place — their families. It’s important for all of us to understand when we’re already going overboard and beyond the healthy limit — It’s already too much when you need to pee so badly, but you still don’t want to go on a CR break. It’s already too much when you take your breakfast during lunch, and your lunch during dinner. It’s already too much when you mistake your wife for your client. It’s already too much when you start whispering your workmate’s name in your sleep. It’s already too much when one can actually compare you to a raisin and not a grape because of too much stress. It’s already too much when you actually forget what day it is today, and the birthdays of all your loved ones. As they say, we need to work in moderation. Anything that is in excess will never do us any Read More …
Apr 032017
THE Department of Agriculture (DA) on Monday said it has prepared a budget proposal of P213 billion for 2018 to fund its projects, which will focus on greater food security and productivity.
Apr 032017
DAVAO CITY — The launch of the Bureau of Internal Revenue’s (BIR) Large Taxpayers Service (LTS) office in the city yesterday is expected to help the agency meet its target collection of P1.829 trillion for 2017, which if accomplished would represent a gain of 16% year on year.